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Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?

To: campe who wrote (5664)	6/12/1998 3:17:00 PM
From: K A Anderson	Read Replies (3) \| Respond to of 6654

Yes you pretty well summed all this up very well. There are a few details that go into this but that is the bottom line. See you all may disagree with me on this next paragraph, but I personally can see no need for a CEO this time around, just a BOD of 5 people, that arent friends, family, or anything else, but CVIA shareholders. That way you will have 5 people watching each other on an individual basis yet working towards a common goal... to find a nice merger candidate for CVIA... like this should have been done in the first place. About the $500k or $1.5 million that goes in the company treasury, and is used for expenses and the upcoming legal fees and costs to do the merger... also it will be ADDED TO THE BOOK VALUE of your stock. Think about this the 300 to 1 is not a factor if that money was used to give your stock a book value of between $1 and $5, then the stock isnt worthless any longer, and will rise in the trading price. Also we need to insist that the new BOD does something to help us be compensated our added legal expenses, after all if WE hadnt taken these step there might not be a CVIA to merge with in the future. I heard a rumor Jack wanted to file for bankruptcy, but our status quo prevented this. We will be ok... just consider your current legal expenses a "loan" to CVIA and once things settle down you can call that loan in. KAA